Greece Launches New Offshore Oil and Gas Tenders
Greece launched two tenders on Monday for offshore oil and gas exploration and exploitation in the west and south of the country, the energy ministry said. The move follows expressions of interest by a consortium of Total…
U.S. GoM Producers not Expecting Storm Impact
Gulf of Mexico offshore oil producer Shell Oil Co said on Sunday Tropical Storm Colin was forecast to miss the company's production platforms before striking Florida on Monday. The U.S.
Shell Transitioning BG after $53 bln Deal
Shell completes $53 billion acquisition; looks o become top LNG trader, major offshore oil producer. Royal Dutch Shell on Monday sealed the $53 billion (36 billion pounds) acquisition of…
Shell Names Top Exec to Head BG During Integration
Royal Dutch Shell's top executive planning the integration of BG Group will become transitional CEO of BG after expected completion of the $48 billion acquisition next month, company sources said.
Shell's BG Acquisition Wins Key Endorsement
ISS says today's oil prices do not detract from deal; shareholders to vote on deal on Jan. 27. A major shareholder advisory firm on Friday recommended investors vote in favour of Royal…
Shell Job Cuts Eyed as China Okays BG Deal
Chinese ministry of commerce gives green light; Shell sees further 3 pct cuts in group's workforce. Royal Dutch Shell expects to slash thousands more jobs to save costs if its takeover…
Shell Seeks $7 bln Credit Facility
Royal Dutch Shell is seeking to secure a $7 billion credit facility in north America as back-up for its $70 billion acquisition of BG Group, sources said on Thursday. U.S. bank JP Morgan Chase is arranging the facility…
Shell Seeks $7 Bln Credit Facility ahead of BG Deal
Royal Dutch Shell is seeking to secure a $7 billion credit facility in north America as back-up for its $70 billion acquisition of BG Group, sources said on Thursday. U.S. bank JP Morgan Chase is arranging the facility…
BUZZ: Shell/BG Spread Narrows after Aussie Approval
Investor confidence in Shell's proposed $70 billion acquisition of BG Group rose on Thursday after the merger won a key approval from Australian regulators. The premium of Shell's combined…
CNOOC Profit Up, More Cost Cuts coming
China's top offshore oil producer CNOOC Ltd said on Friday its 2014 net profit rose 6.5 percent, beating forecasts, as cost cuts and higher output helped it offset the slide in global oil prices.
CNOOC Exporting from Huizhou Refinery
China National Offshore Oil Corp has started oil product exports, the company said on Friday, joining oil majors Sinopec and PetroChina to conduct overseas sales from its own refinery.
Timeline: BP Oil Spill Litigation
BP Plc was found "grossly negligent" on Thursday by a federal judge in connection with its role in the 2010 Gulf of Mexico oil spill. The decision by U.S. District Judge Carl Barbier in New Orleans…
CNOOC to Export 100,000 T Oil Products in H2
CNOOC to export diesel, gasoline, kerosene or naphtha in H2; volumes likely to be in 10,000 T parcel sizes. China National Offshore Oil Corp (CNOOC) has received a quota from the government to export about 100…
CNOOC Hizhou Wants U.S. LPG
A new Chinese petrochemical plant plans to use rising exports of U.S. liquefied petroleum gas (LPG), part of the shale boom, as a cost-saving feedstock, joining other plants on China's east coast.
Tanzania Receives Five Bids for Oil & Gas Blocks
Russian, Chinese firms submit bids. Four blocks fail to attract bidders. Tanzania, a hotspot for natural gas exploration, has received five bids for just half of the eight oil and gas blocks it offered in its latest bidding round…
Chinese South China Sea Drilling Illegal Says Vietnam
Vietnam says China's plan to move its first deep-water drilling rig into the disputed South China Sea, one of Asia's most volatile hotspots, is illegal and has called for the rig to be…
